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Dec 31, 2024
Kanzhun Q4 2024 Earnings Report
Kanzhun reported strong revenue growth and profitability in Q4 2024.
Key Takeaways
Kanzhun delivered a robust Q4 2024 performance, with revenue rising 15.4% year-over-year to $249.8 million. Net income increased by 34.1% to $60.9 million, while adjusted net income grew to $99.0 million. EPS stood at $0.14, with adjusted EPS at $0.23. The company benefited from growth in enterprise customers and improved monetization strategies.
Revenue grew 15.4% year-over-year to $249.8 million.
Net income increased by 34.1% to $60.9 million.
Operating income rose 71.2% to $52.1 million.
Adjusted net income reached $99.0 million, up 14.9% from Q4 2023.
Kanzhun
Kanzhun
Kanzhun Revenue by Segment
Revenue by Segment
Online Recruitment Revenue
CapyFin.comOther Services Revenue
CapyFin.com Forward Guidance
Kanzhun expects continued revenue growth in Q1 2025, driven by enterprise customer expansion and AI-powered recruitment tools.
Positive Outlook
- Revenue forecasted to grow by 11.5% to 12.7% in Q1 2025.
- Increased investment in AI-powered recruitment solutions.
- Expansion of paid enterprise customer base.
- Higher monetization potential from value-added services.
- Strong cash reserves support continued platform development.
Challenges Ahead
- Macroeconomic uncertainty may impact hiring demand.
- Increasing competition in the online recruitment market.
- Higher R&D investments may pressure margins.
- Potential regulatory risks in China’s labor market policies.
- Marketing expenses could increase to sustain user growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income